Some K92 Mining Inc. (TSE:KNT) shareholders may be a little concerned to see that the CEO & Director, John Lewins, recently sold a substantial CA$3.8m worth of stock at a price of CA$9.86 per share. That’s a big disposal, and it decreased their holding size by 11%, which is notable but not too bad.
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The Last 12 Months Of Insider Transactions At K92 Mining
Notably, that recent sale by John Lewins is the biggest insider sale of K92 Mining shares that we’ve seen in the last year. So what is clear is that an insider saw fit to sell at around the current price of CA$9.87. We generally don’t like to see insider selling, but the lower the sale price, the more it concerns us. We note that this sale took place at around the current price, so it isn’t a major concern, though it’s hardly a good sign.
Insiders in K92 Mining didn’t buy any shares in the last year. You can see the…
